Today’s New York Times reports, the Federal Reserve is getting ready to fine non-participants in the recent Attorneys General Settlement for fraudulent foreclosure practices, including offenses involving Robo-signing. The story features a client of our firm, Carla Duncan, who is still challenging a robo-signed document filed in a 2010 Foreclosure Case in Cuyahoga County Ohio. In her case, a robo-signer purports to assign a mortgage from Indymac 9 months after Indymac went out of business.
This story and our experience representing Carla and other clients underscores the importance of verifying every link in the endorsement of note or assignment of mortgages in foreclosure cases.
